Bitcoin is currently down for the count and trading for just under $9,600. While this is still miles better than where it was during this same time last year, the price is droopy when compared to the $10,200 bitcoin stood at early in the week. Of course, this isn’t stopping many analysts – including Mike...

UK asset management firm Elwood plans to develop a giant $1 billion bitcoin and cryptocurrency investment venture, it says. Elwood Expands Cryptocurrency Exposure Quoted by the Financial Times on August 30, Elwood, which is owned by billionaire Alan Howard, revealed it wants to funnel cash into crypto hedge funds. The company is no stranger to the crypto investment space, having launched a Blockchain exchange-traded fund (ETF) in March. According to the Times, Elwood “is working